Jennifer Colegrove

OLED set a record for global revenue in the second quarter with $192 million, a 32 percent gain over the last quarter and 22 percent over the same period last year.

The market for OLED lighting is set to take off in a big way in 2011. That's according to a report issued last week by research firm DisplaySearch, which based its conclusions on several manufacturers' announced plans to begin OLED production that year.

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